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Solventum (SOLV) Stock Forecast & Price Target

$72.95
+0.82 (+1.14%)
(As of 02:46 PM ET)

Solventum - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 7 Wall Street analysts who have issued ratings for Solventum in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 7 analysts, 1 has given a sell rating, and 6 have given a hold rating for SOLV.

Consensus Price Target

$58.25
-20.15% Downside
High Forecast$64.00
Average Forecast$58.25
Low Forecast$54.00

According to the 7 analysts' twelve-month price targets for Solventum, the average price target is $58.25. The highest price target for SOLV is $64.00, while the lowest price target for SOLV is $54.00. The average price target represents a forecasted downside of -20.15% from the current price of $72.95.

TypeCurrent Forecast
9/20/23 to 9/19/24
1 Month Ago
8/21/23 to 8/20/24
3 Months Ago
6/22/23 to 6/21/24
1 Year Ago
9/20/22 to 9/20/23
Consensus Rating
Reduce
Reduce
Reduce
N/A
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
N/A
Hold
6 Hold rating(s)
5 Hold rating(s)
4 Hold rating(s)
N/A
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
N/A
Consensus Price Target$58.25$58.25$65.75N/A
Forecasted Upside-20.15% Downside6.97% Upside1.10% UpsideN/A

SOLV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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SOLV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Solventum Stock vs. The Competition

TypeSolventumMedical CompaniesS&P 500
Consensus Rating Score
1.86
2.77
2.50
Consensus RatingReduceModerate BuyModerate Buy
Predicted Upside-19.24% Downside1,006.89% Upside7.94% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/5/2024BTIG Research
2 of 5 stars
R. Zimmerman
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Initiated CoverageNeutral
8/12/2024The Goldman Sachs Group
2 of 5 stars
 Boost TargetSell ➝ Sell$48.00 ➝ $54.00-6.56%
8/9/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$69.00 ➝ $64.00+5.66%
7/15/2024Morgan Stanley
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 Lower TargetEqual Weight ➝ Equal Weight$70.00 ➝ $55.00+13.90%
6/25/2024Bank of America
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 Lower TargetNeutral ➝ Neutral$70.00 ➝ $60.00+17.26%
6/24/2024Argus
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 Initiated CoverageHold
4/2/2024Edward Jones
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 Initiated CoverageHold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 03:06 PM ET.

SOLV Forecast - Frequently Asked Questions

What is Solventum's forecast for 2024?

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Solventum is $58.25, with a high forecast of $64.00 and a low forecast of $54.00.

Should I buy or sell Solventum stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Solventum in the last year. There is currently 1 sell rating and 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" SOLV shares.

Does Solventum's stock price have much upside?

According to analysts, Solventum's stock has a predicted upside of 6.97% based on their 12-month stock forecasts.

What analysts cover Solventum?

Solventum has been rated by research analysts at Argus, Bank of America, BTIG Research, Morgan Stanley, The Goldman Sachs Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Solventum more than its competitors?

Analysts like Solventum less than other "medical" companies. The consensus rating for Solventum is Reduce while the average consensus rating for "medical" companies is Moderate Buy. Learn more on how SOLV compares to other companies.



This page (NYSE:SOLV) was last updated on 9/19/2024 by MarketBeat.com Staff
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